FANMAG – Facebook, Amazon, Netflix, Microsoft, Apple and Google (Alphabet) are the most successful and the biggest tech companies in the U.S. They have all reported their quarter results for the period of Jan to Mar 2020, covering the COVID-19 period.
The fact is that we need them to connect us digitally with all the social distancing going on. So they have been more important than ever. Their financial results have proved their importance too, with the FANMAG growing their revenue compared to the same quarter last year.
We identify the most fascinating stats from their financial reports.
#1 – Amazon and Apple generated more revenue in 1 quarter than Singapore in an entire yearThe top 3 FANMAG by revenue were Amazon, Apple and Alphabet, the triple As.
What is more amazing is that Amazon and Apple each made more revenue in the first quarter of 2020 than
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